MACERICH CO — Director's Dealing 2011

Dec 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MACERICH CO (MAC)
CIK: 0000912242
Period of Report: 2011-12-07

Reporting Person: SEXTON DR WILLIAM P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-07	Common Stock	M	2000	$24.627	Acquired	10895	Direct
2011-12-07	Common Stock	S	1400	$49.92	Disposed	9495	Direct
2011-12-07	Common Stock	S	600	$49.93	Disposed	8895	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-07	Director Stock Option (Right to Buy)	$24.627	M	2000	Disposed	2011-12-31	Common Stock (2000)	Direct